Price-to-Book

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Price-to-Book

A ratio of the share price of a publicly-traded company to its book value per share, which is the company's total asset value less the value of its liabilities. The P/B is a ratio of investor sentiment on the value of a stock to its actual value according to the Generally Accepted Accounting Principles. A high P/B means either that investors have overvalued the company, or that its accountants have undervalued it.
References in periodicals archive ?
Cathay Financial said that the purchase price represents a price-to-book value ratio of 3.
Jean-Paul Sabet, deputy head of international retail banking at the bank, said, 'We have looked at different options and we were able to get with BGZ an acquisition price, a price-to-book value, at a very reasonable level.
The price-to-book value (P/BV) ratio is used to compare a company's market price to its book value.
Damac's price-to-book value is more expensive than that of Dubai's biggest developer, Emr Properties, even though Emr is deemed less risky.
Shares of Dubai Islamic, the biggest Shariah-compliant lender in the UAE, trade at a price-to-book value of 0.
At current value, the price-to-book value of the company was 6.
We first calculate the repurchase-to-total asset ratio and then rank firms by 1) dividend payout ratio, 2) price-to-book value ratio, 3) debt asset ratio, 4) return-on-asset ratio, and 5) total assets.
The average price-to-book value recorded for all of 2004 was 213% compared to 197% in 2003.
It showed that on a price-to-book value basis, Asia outside of Japan is cheaper now than it has been for 23 of the last 26 years and is currently trading at the bottom of its trading range and at a significant discount to Europe and the United States.
AN INVESTOR WHO IS WILLING TO follow the value school of investing should consider eight factors in selecting securities (or mutual funds), including price-to-earnings ratio, price-to-cash flow ratio, price-to-book value ratio, dividend yield, private market value, adjusted net working capital, insider buying and stock repurchases.
Additionally on a historical price-to-book value multiple in 2009, 2010 and year-to-date in 2011, Glass Lewis noted that Klondex's price-to-book multiple exceeded that of a peer group of comparable companies.
the owner of the life insurance company said the acquisition price accounts for a price-to-book value ratio of 3.